Morgan Stanley Downgrades Host Hotels & Resorts to Underweight, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Thomas Allen downgraded Host Hotels & Resorts (NASDAQ:HST) from Equal-Weight to Underweight and lowered the price target from $19 to $15.
June 27, 2023 | 12:31 pm
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Host Hotels & Resorts downgraded to Underweight by Morgan Stanley, with a lowered price target of $15.
Morgan Stanley's downgrade of Host Hotels & Resorts to Underweight and the lowering of the price target from $19 to $15 indicates a negative outlook for the stock. This could lead to a short-term decline in the stock price as investors react to the revised expectations.
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